Strategy differed with investor — whose decision counts?

Let me speak from the other side; I'm on the supplier side. Any unwritten clause becomes a point of disagreement later, as both sides remember it differently.

If you don't write this down from the start, it leads to arguments later. If you have questions, write them; I'll answer as best I can.

There is something to watch out for. If the gap between accounts receivable and accounts payable turnover days is widening, revenue won't save you.

People defend habits, not processes. Resistance comes from there.

Noted, thanks.

I've been down this road, let me tell you. Delaying bad news is the habit that causes the most losses in this job.

I'll try it.

Quick summary for newcomers: Mistakes made on the disagreeing with investor side are usually reversible but expensive.

The answer varies greatly by industry; there is no one-size-fits-all rule. I'm also curious if anyone does it differently.

same here.

I'm writing this so you don't make the same mistake. The longer you delay cutting the team, the more people it affects.

Start with a small trial; don't commit to everything at once. Good luck with that.

thanks that was the answer I was looking for. proecsses without records never improve because you dont know what to fix.

of course, it varies if your situation is different.

i didn't know that.

Let me summarize what's been said so far. If you get three different answers on a topic, the question was asked wrong.

My questions are cleared up, thanks. Cutting your own salary is a temporary tactic; if it lasts more than six months, something will break.

The biggest time-waster for us was not knowing who had the final say. Proven by experience.

Absolutely. If I were to add anything: The reason for failure isn't one big mistake, but the accumulation of small decisions.

If I were you, I'd go this route.

I'm writing this so you don't make the same mistake. The reason for failure isn't one big mistake, but the accumulation of small decisions.

Taking notes for two weeks yields better results than a six-month estimate. Just leaving this note, it might be useful.

You're right, I've been down that road too. Everything goes well for the first three months; problems arise in the fourth.

That's all sorry if I went on too long.

I'm in the same situation, that's why I'm asking. Hasty decisions become decisions you have to fix six months later.

Hope this helps.

This thread is archived.

the cheap-looking path ussually ends up costing more later. i mean when you try to change everything at once nothing settles.

if you have questions, write them; I'll answer as best I can.